Fall Out Boy issued the following statement via their Official Facebook:

"[...] this album is one that is particularly close to us. we recorded it in secret from the music industry, critics, and even our fans. an artists first record sounds the way it does because it is often made without expectations. this is not our first record. but because of the way we went about making this one in the shadows it is with out a doubt the first record in a new chapter of fall out boy. we made this music for ourselves and no one else at the end of the day. this is meant be played loud, with the windows down on summer nights. four friends with our backs to each other fighting in the darkness against anything and everything that is out there. we bowed our heads, took a knee and plugged back in. from the first strings to the last shouts- this is us. these incantations are meant to conjure realness, to unlock whatever the rock and roll is inside each of you- in each of us. put on your headphones, turn it up- this is what we have spent the last year and a half making. most importantly, thank you for wishing or waiting- because with out you, the most important piece, this record would never have been made. so we figured you have waited long enough... with out further ado, please listen closely: http://bit.ly/10EnyaR

The only song I almost kinda don't hate with as much passion as the rest of the album is Young Volcanoes... That fucking "singing gleefully in unison from a basement or attic or something far away" shit is the most annoying thing I've ever heard. They do it in just about EVERY song.

"this album is one that is particularly close to us. we recorded it in secret from the music industry, critics, and even our fans. an artists first record sounds the way it does because it is often made without expectations. this is not our first record. but because of the way we went about making this one in the shadows it is with out a doubt the first record in a new chapter of fall out boy."